Last update: 18.10.2021 09:33 (GMT+3)
Valsts Kase Company Announcement 21.07.2010
The Statement on Latvia's Government Securities Auction Results
In government domestic securities auctions short-term bills with two different
maturity dates were offered - bills with a maturity date of 21 January 2011
(six month bills) and bills with a maturity date of 22 July 2011 (twelve month
Total demand for government T-bills in competitive multi-price auction achieved
49,112 million lats. T-Bills with the total value of 8,0 million lats were sold
during the government domestic securities competitive multi-price auction.
In competitive multi-price auction in 21 July maximum yield rate was set for 6
month T-bills 1,85% (previous auction maximum yield rate 2,20%) and for 12
month T-bills 2,95% (previous auction maximum yield rate 3,50%). The weighted
average yield rate for six month T-bills was 1,748% and for twelve month
T-bills was 2,91%.
On Thursday, July 22, non-competitive fixed rate auctions will take place. In
these placements T-bills with maturity date of six and twelve months in a total
nominal value of 2 million lats will be offered.
The Treasury of the Republic of Latvia